What Canada's registered crypto platforms charge: a study of 11 fee pages
Updated November 2026. Checked against the regulators' registers and each platform's own pages.
Who pays us: No platform in this study pays us. We have no affiliate or referral deals in place yet. How we make money
Canada has 11 crypto trading registrations on its securities regulators’ list, and 11 platforms that serve individual Canadians under them (Bitbuy and Coinsquare share one registration, and Fidelity’s serves only investment firms). Between 6 and 10 November 2026 we read every one of those platforms’ own fee pages, terms, help articles and regulatory disclosures. This page sets out what they tell you about the cost of buying crypto, and what they leave out.
Key findings
- 8 of the 11 build a spread into their main buy button, and 6 publish no figure for it at all. Bitbuy and Coinsquare give only a range, in a legal fee schedule rather than on their fee pages. Only NDAX, Newton and Webull state the full cost of a simple buy up front.
- The lowest stated trading fee is NDAX’s flat 0.20%. The highest stated figure is Coinbase’s simple-buy fee of up to 1.875%, which comes on top of a spread.
- 5 of the 11 don’t publish an Interac withdrawal fee for their crypto accounts: Coinbase, Kraken, Newton, Wealthsimple and Webull. Four charge nothing, NDAX charges $1.50 and Crypto.com $1.99.
- 5 limit which coins you can move to your own wallet. Webull doesn’t allow crypto transfers in or out at all. Bitbuy and Coinsquare each list 29 trade-only coins, Wealthsimple lists some coins that can’t move, and Netcoins lists one.
- None of the 11 is covered by CIPF for crypto. At the investment dealers that are CIPF members, cash in your account may be covered, but crypto never is.
- The register lags behind at least one platform. Newton says it became an investment dealer and CIRO member in March 2026. The regulators’ list still showed it as a restricted dealer on 10 November.
How we did this
We started from the list of registered crypto trading platforms published by Canada’s securities regulators, as copied by New Brunswick’s regulator with each platform’s latest decision. For every platform that serves individuals, we read its Canadian fee page, user agreement or terms, help centre articles on funding and withdrawals, and its relationship or risk disclosure, between 6 and 10 November 2026. We recorded only what those pages say for Canada. Where a page doesn’t publish something, we’ve recorded that, rather than filling the gap from another country’s version of the platform or from other review sites. Each platform’s full review, linked below, lists the exact pages and has dated screenshots of the key ones.
“Main buy button” means the simple buy screen most people use. Several platforms also run a separate trading screen with an order book, which we show separately.
Every platform, side by side
| Platform | Registered as | Main buy button | Trading screen | Interac withdrawal | Coins you can’t move out |
|---|---|---|---|---|---|
| NDAX | Investment dealer | Flat 0.20% | None separate | $1.50 | Not stated |
| Bitbuy | Investment dealer | Spread, 0.5% to 3.85% range in its fee schedule | Pro Trade, 0.50% | No fee, up to $2,000 a day | 29 trade-only coins |
| Coinsquare | Investment dealer | Spread, 0.5% to 1.85% range in its fee schedule | Coinsquare Pro, 0.50% | No fee, up to $2,000 a day | 29 trade-only coins |
| Shakepay | Investment dealer | Spread, not published | None | No fee | Not stated |
| Wealthsimple | Investment dealer | 0.5% plus a spread on market orders | Limit orders, 0.5% with no spread | Not published | Some listed coins |
| Webull | Investment dealer | 1%, built into the price | None | Not published | All: no crypto transfers |
| Coinbase | Restricted dealer | Spread, plus up to 1.875% | Coinbase Advanced, no spread | Not published | Not stated |
| Kraken | Restricted dealer | 1% plus a spread | Kraken Pro, 0.40% maker and 0.80% taker | Not published | Not stated |
| Crypto.com | Restricted dealer | Spread, not published | Advanced, base rate not published | $1.99, $100 minimum | Not stated |
| Netcoins | Restricted dealer | Spread, not published | None | No fee | 1 trade-only coin |
| Newton | Restricted dealer on the register; Newton says investment dealer | 1.00% to 1.60% by coin, built into the price | None | Not published | Not stated |
“Not stated” means we didn’t find a list of coins that can’t be withdrawn on the platform’s Canadian pages, not that every coin can move.
Finding 1: most platforms don’t tell you their main cost
A spread is the gap between the price a platform quotes you and the market price. Eight of the 11 platforms make some or all of their money this way on their main buy button. Six of them publish no figure for it anywhere we found. The other two, Bitbuy and Coinsquare, which share a registration, give a range in a fee schedule in their legal pages: 0.5% to 3.85% in general, and 0.5% to 1.85% for Coinsquare Trade, which can rise by up to 2% more in thin markets. Neither fee page mentions those figures. You see the final price before you confirm, so it isn’t hidden in the sense of a surprise charge. But you can’t compare platforms from their fee pages, which is the point of a fee page.
Three platforms state the full cost of a simple buy: NDAX charges a flat 0.20% at the order book price, Webull a 1% markup built into its price, and Newton 1.00% to 1.60% depending on the coin. Of the eight that use a spread, three add a stated fee on top: Wealthsimple’s 0.5%, Kraken’s 1% and Coinbase’s up to 1.875%.
Finding 2: the trading screen is usually cheaper, if there is one
Four platforms run a separate trading screen or order type with a stated fee and no spread: Bitbuy and Coinsquare at 0.50%, Kraken Pro at 0.40% maker and 0.80% taker at the lowest volume tier, and Wealthsimple’s limit orders at 0.5%. Coinbase Advanced also has no spread, but Coinbase’s Canadian help centre says you have to sign in to see its maker and taker rates, so we can’t compare it. On Kraken, the same $1,000 buy costs $10 plus a spread on the instant-buy screen, or $8 with no spread on Kraken Pro. Crypto.com also has an Advanced screen, but its Canadian pages give only its lowest “as low as” rates, not the base rate most people would pay.
Finding 3: withdrawal fees are often missing
Every platform that publishes its deposit options takes Interac e-Transfer deposits with no fee. Withdrawals are less clear. Bitbuy, Coinsquare, Shakepay and Netcoins publish no-fee Interac withdrawals, though Bitbuy and Coinsquare cap them at $2,000 a day. NDAX publishes $1.50, and Crypto.com $1.99 with a $100 minimum. The other five don’t publish an Interac withdrawal fee for their crypto accounts at all, and say any fee is shown before you confirm.
Finding 4: not every coin you buy is yours to move
Five platforms limit what you can send to your own wallet. Webull’s account agreement says you have no right or ability to transfer crypto to or from your account, so to leave you sell and withdraw cash; its crypto page lists transfers as coming soon. Bitbuy and Coinsquare, which share a registration and a fee schedule, each list 29 coins that “cannot be deposited to or withdrawn from” your account. Wealthsimple lists some coins that can’t move in or out. Netcoins lists one trade-only coin.
Finding 5: who regulates them, and how closely
Six of the 11 run under investment dealer registrations and CIRO membership: NDAX, Bitbuy, Coinsquare, Shakepay, Wealthsimple and Webull. That’s the higher of the two levels for crypto platforms. The register lists the other five as restricted dealers, which operate under exemptions while they work towards investment dealer status. One of them, Newton, says it has already got there: its site and disclosures say it became a CIRO dealer member in March 2026, but the regulators’ list still showed its earlier restricted dealer decision when we checked.
Ownership is moving too. Bitbuy’s and Coinsquare’s sites now carry banners saying they’re part of Robinhood, while their footers still name WonderFi. Netcoins says it’s owned by Surge Digital Inc.
What this means if you’re buying crypto in Canada
- Check the platform is registered on our registered list before you sign up.
- Compare the quote with the market price on any platform that uses a spread, at the moment you buy.
- Use the trading screen or limit orders if your platform has them and you’re comfortable with an order book.
- Find the withdrawal fee before you deposit, and check whether the coins you want can move to your own wallet.
- Don’t rely on CIPF for crypto. It doesn’t cover crypto at any platform.
Our crypto fees comparison works through what a $1,000 buy costs on each platform, and our best exchanges page ranks them.
Using this data
You’re welcome to quote these figures. Please credit Legit Crypto Check and link to this page. Platforms change their fees and terms, so check the date: everything here was read between 6 and 10 November 2026, and each linked review logs any changes since.
Sources
Each figure comes from the platform’s own Canadian fee page, terms, help centre or disclosures, read between 6 and 10 November 2026. The exact pages, with dated screenshots, are listed in each platform’s review, linked in the table above. Registrations come from the New Brunswick Financial and Consumer Services Commission’s copy of the registered crypto asset trading platforms list.
Update history
- Corrected finding 1: Bitbuy and Coinsquare publish a spread range in their legal fee schedule (0.5% to 3.85%; 0.5% to 1.85% on Coinsquare Trade), so 6 of the 11, not 8, publish no spread figure.
- First published.
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